Loans and Asset Quality Information (Tables)

3 Months Ended

Mar. 31, 2013

Loans And Asset Quality Information Tables

Summary of the major categories of total loans outstanding

The following is a summary of the major categories of total loans outstanding:

($ in thousands)	March 31, 2013				December 31, 2012				March 31, 2012
	Amount		Percentage		Amount		Percentage		Amount		Percentage
All  loans (non-covered and covered):
Commercial, financial, and agricultural	$	162,074		7%		160,790		7%		159,496		7%
Real estate – construction, land development & other land loans		293,918		12%		298,458		13%		355,709		15%
Real estate – mortgage – residential (1-4 family) first mortgages		831,467		35%		815,281		34%		812,878		33%
Real estate – mortgage – home equity loans / lines of credit		236,222		10%		238,925		10%		255,955		10%
Real estate – mortgage – commercial and other		803,875		33%		789,746		33%		775,610		32%
Installment loans to individuals		67,272		3%		71,933		3%		75,636		3%
Subtotal		2,394,828		100%		2,375,133		100%		2,435,284		100%
Unamortized net deferred loan costs		1,323				1,324				1,340
Total loans	$	2,396,151				2,376,457				2,436,624

Summary of the major categories of non-covered loans outstanding

The following is a summary of the major categories of non-covered loans outstanding:

($ in thousands)	March 31, 2013				December 31, 2012				March 31, 2012
	Amount		Percentage		Amount		Percentage		Amount		Percentage
Non-covered loans:
Commercial, financial, and agricultural	$	157,235		7%		155,273		7%		151,148		7%
Real estate – construction, land development & other land loans		253,275		12%		251,569		12%		287,833		14%
Real estate – mortgage – residential (1-4 family) first mortgages		700,429		33%		679,401		33%		659,946		31%
Real estate – mortgage – home equity loans / lines of credit		217,567		10%		219,443		11%		233,915		11%
Real estate – mortgage – commercial and other		736,314		35%		715,973		34%		685,734		33%
Installment loans to individuals		66,540		3%		71,160		3%		74,608		4%
Subtotal		2,131,360		100%		2,092,819		100%		2,093,184		100%
Unamortized net deferred loan costs		1,323				1,324				1,340
Total non-covered loans	$	2,132,683				2,094,143				2,094,524

Carrying amount of the covered loans

The carrying amount of the covered loans at March 31, 2013 consisted of impaired and nonimpaired purchased loans, as follows:

($ in thousands)	Impaired Purchased Loans – Carrying Value		Impaired Purchased Loans – Unpaid Principal Balance		Nonimpaired Purchased Loans – Carrying Value		Nonimpaired Purchased Loans - Unpaid Principal Balance		Total Covered Loans – Carrying Value		Total Covered Loans – Unpaid Principal Balance
Covered loans:
Commercial, financial, and agricultural	$	70		144		4,769		6,782		4,839		6,926
Real estate – construction, land development & other land loans		1,571		2,587		39,072		75,283		40,643		77,870
Real estate – mortgage – residential (1-4 family) first mortgages		773		1,895		130,265		155,901		131,038		157,796
Real estate – mortgage – home equity loans / lines of credit		16		55		18,639		23,289		18,655		23,344
Real estate – mortgage – commercial and other		2,296		4,093		65,265		87,109		67,561		91,202
Installment loans to individuals		—		—		732		776		732		776
Total	$	4,726		8,774		258,742		349,140		263,468		357,914

The carrying amount of the covered loans at December 31, 2012 consisted of impaired and nonimpaired purchased loans, as follows:

($ in thousands)	Impaired Purchased Loans – Carrying Value		Impaired Purchased Loans – Unpaid Principal Balance		Nonimpaired Purchased Loans – Carrying Value		Nonimpaired Purchased Loans - Unpaid Principal Balance		Total Covered Loans – Carrying Value		Total Covered Loans – Unpaid Principal Balance
Covered loans:
Commercial, financial, and agricultural	$	71		148		5,446		7,009		5,517		7,157
Real estate – construction, land development & other land loans		1,575		2,594		45,314		82,676		46,889		85,270
Real estate – mortgage – residential (1-4 family) first mortgages		794		1,902		135,086		161,416		135,880		163,318
Real estate – mortgage – home equity loans / lines of credit		16		56		19,466		24,431		19,482		24,487
Real estate – mortgage – commercial and other		2,369		4,115		71,404		94,502		73,773		98,617
Installment loans to individuals		—		—		773		828		773		828
Total	$	4,825		8,815		277,489		370,862		282,314		379,677

Schedule of covered purchased nonimpaired loans

The following table presents information regarding covered purchased nonimpaired loans since December 31, 2011.

($ in thousands)
Carrying amount of nonimpaired covered loans at December 31, 2011	$	353,370
Principal repayments		(51,582	)
Transfers to foreclosed real estate		(30,181	)
Loan charge-offs		(10,584	)
Accretion of loan discount		16,466
Carrying amount of nonimpaired covered loans at December 31, 2012		277,489
Principal repayments		(14,595	)
Transfers to foreclosed real estate		(2,701	)
Loan charge-offs		(5,109	)
Accretion of loan discount		3,658
Carrying amount of nonimpaired covered loans at March 31, 2013	$	258,742

Schedule of purchased impaired loans

The following table presents information regarding all purchased impaired loans since December 31, 2011, substantially all of which are covered loans. The Company has applied the cost recovery method to all purchased impaired loans at their respective acquisition dates due to the uncertainty as to the timing of expected cash flows, as reflected in the following table.

($ in thousands) Purchased Impaired Loans	Contractual Principal Receivable			Fair Market Value Adjustment – Write Down (Nonaccretable Difference)			Carrying Amount
Balance at December 31, 2011	$	18,316			9,532			8,784
Change due to payments received		(355	)		44			(399	)
Transfer to foreclosed real estate		(7,636	)		(3,487	)		(4,149	)
Change due to loan charge-off		(359	)		(531	)		172
Other		(1,151	)		(1,568	)		417
Balance at December 31, 2012		8,815			3,990			4,825
Change due to payments received		(41	)		58			(99	)
Balance at March 31, 2013	$	8,774			4,048			4,726

Summary of nonperforming assets

Nonperforming assets are summarized as follows:

ASSET QUALITY DATA ($ in thousands)	March 31, 2013		December 31, 2012		March 31, 2012
Non-covered nonperforming assets
Nonaccrual loans	$	38,917		33,034		69,665
Restructured loans - accruing		24,378		24,848		10,619
Accruing loans > 90 days past due		—		—		—
Total non-covered nonperforming loans		63,295		57,882		80,284
Nonperforming loans held for sale		—		21,938		—
Foreclosed real estate		20,115		26,285		36,838
Total non-covered nonperforming assets	$	83,410		106,105		117,122
Covered nonperforming assets
Nonaccrual loans (1)	$	51,221		33,491		42,369
Restructured loans - accruing		10,582		15,465		13,158
Accruing loans > 90 days past due		—		—		—
Total covered nonperforming loans		61,803		48,956		55,527
Foreclosed real estate		30,156		47,290		79,535
Total covered nonperforming assets	$	91,959		96,246		135,062
Total nonperforming assets	$	175,369		202,351		252,184

(1) At March 31, 2013, December 31, 2012, and March 31, 2012, the contractual balance of the nonaccrual loans covered by FDIC loss share agreements was $94.8 million, $64.4 million, and $68.3 million, respectively.

Information related to impaired loans

The following table presents information related to the Company’s impaired loans.

($ in thousands)	As of /for the three months ended March 31, 2013		As of /for the year ended December 31, 2012		As of /for the three months ended March 31, 2012
Impaired loans at period end
Non-covered	$	63,295		57,882		80,284
Covered		61,803		48,956		55,527
Total impaired loans at period end	$	125,098		106,838		135,811
Average amount of impaired loans for period
Non-covered	$	60,589		85,198		82,788
Covered		55,380		54,773		55,609
Average amount of impaired loans for period – total	$	115,969		139,971		138,397
Allowance for loan losses related to impaired loans at period end
Non-covered	$	5,920		5,051		11,662
Covered		3,861		3,509		5,308
Allowance for loan losses related to impaired loans - total	$	9,781		8,560		16,970
Amount of impaired loans with no related allowance at period end
Non-covered	$	8,573		12,049		16,717
Covered		44,848		35,196		36,756
Total impaired loans with no related allowance at period end	$	53,421		47,245		53,473

Schedule of nonaccrual loans

The following table presents the Company’s nonaccrual loans as of March 31, 2013.

($ in thousands)	Non-covered		Covered		Total
Commercial, financial, and agricultural:
Commercial – unsecured	$	26		189		215
Commercial – secured		2,382		3		2,385
Secured by inventory and accounts receivable		23		239		262
Real estate – construction, land development & other land loans		7,118		18,447		25,565
Real estate – residential, farmland and multi-family		13,551		14,674		28,225
Real estate – home equity lines of credit		1,479		521		2,000
Real estate – commercial		13,428		17,084		30,512
Consumer		910		64		974
Total	$	38,917		51,221		90,138

The following table presents the Company’s nonaccrual loans as of December 31, 2012.

($ in thousands)	Non-covered		Covered		Total
Commercial, financial, and agricultural:
Commercial - unsecured	$	307		150		457
Commercial - secured		2,398		3		2,401
Secured by inventory and accounts receivable		17		59		76
Real estate – construction, land development & other land loans		6,354		11,698		18,052
Real estate – residential, farmland and multi-family		9,629		10,712		20,341
Real estate – home equity lines of credit		1,622		465		2,087
Real estate - commercial		9,885		10,342		20,227
Consumer		2,822		62		2,884
Total	$	33,034		33,491		66,525

Schedule of analysis of the payment status of loans

The following table presents an analysis of the payment status of the Company’s loans as of March 31, 2013.

($ in thousands)	30-59 Days Past Due		60-89 Days Past Due		Nonaccrual Loans		Current		Total Loans Receivable
Non-covered loans
Commercial, financial, and agricultural:
Commercial - unsecured	$	73		127		26		34,888		35,114
Commercial - secured		948		242		2,382		113,026		116,598
Secured by inventory and accounts receivable		141		19		23		19,826		20,009
Real estate – construction, land development & other land loans		1,554		1,871		7,118		210,159		220,702
Real estate – residential, farmland, and multi-family		8,158		1,343		13,551		815,221		838,273
Real estate – home equity lines of credit		521		381		1,479		197,755		200,136
Real estate - commercial		1,770		618		13,428		632,916		648,732
Consumer		364		126		910		50,396		51,796
Total non-covered	$	13,529		4,727		38,917		2,074,187		2,131,360
Unamortized net deferred loan costs										1,323
Total non-covered loans									$	2,132,683
Covered loans	$	9,226		2,797		51,221		200,224		263,468
Total loans	$	22,755		7,524		90,138		2,274,411		2,396,151

The following table presents an analysis of the payment status of the Company’s loans as of December 31, 2012.

($ in thousands)	30-59 Days Past Due		60-89 Days Past Due		Nonaccrual Loans		Current		Total Loans Receivable
Non-covered loans
Commercial, financial, and agricultural:
Commercial - unsecured	$	91		10		307		35,278		35,686
Commercial - secured		1,020		220		2,398		110,074		113,712
Secured by inventory and accounts receivable		52		4		17		21,270		21,343
Real estate – construction, land development & other land loans		490		263		6,354		211,001		218,108
Real estate – residential, farmland, and multi-family		9,673		2,553		9,629		797,584		819,439
Real estate – home equity lines of credit		976		320		1,622		197,962		200,880
Real estate - commercial		4,326		1,131		9,885		612,598		627,940
Consumer		462		219		2,822		52,208		55,711
Total non-covered	$	17,090		4,720		33,034		2,037,975		2,092,819
Unamortized net deferred loan costs										1,324
Total non-covered loans									$	2,094,143
Covered loans	$	6,564		3,417		33,491		238,842		282,314
Total loans	$	23,654		8,137		66,525		2,276,817		2,376,457

Schedule of activity in the allowance for loan losses for non-covered loans

The following table presents the activity in the allowance for loan losses for non-covered loans for the three months ended March 31, 2013.

($ in thousands)	Commercial, Financial, and Agricultural			Real Estate – Construction, Land Development, & Other Land Loans			Real Estate – Residential, Farmland, and Multi- family			Real Estate – Home Equity Lines of Credit			Real Estate – Commercial and Other			Consumer			Unallo- cated			Total
As of and for the three months ended March 31, 2013
Beginning balance	$	4,687			12,856			14,082			1,884			5,247			1,939			948			41,643
Charge-offs		(824	)		(823	)		(797	)		(624	)		(540	)		(528	)		(659	)		(4,795	)
Recoveries		19			593			546			58			789			137			—			2,142
Provisions		1,067			2,231			1,454			722			218			243			(164	)		5,771
Ending balance	$	4,949			14,857			15,285			2,040			5,714			1,791			125			44,761
Ending balances as of March 31, 2013:  Allowance for loan losses
Individually evaluated for impairment	$	190			520			259			—			1,155			—			—			2,124
Collectively evaluated for impairment	$	4,759			14,337			15,026			2,040			4,559			1,791			125			42,637
Loans acquired with deteriorated credit quality	$	—			—			—			—			—			—			—			—
Loans receivable as of March 31, 2013:
Ending balance – total	$	171,721			220,702			838,273			200,136			648,732			51,796			—			2,131,360
Ending balances as of March 31, 2013: Loans
Individually evaluated for impairment	$	1,088			5,115			2,257			—			17,560			—			—			26,020
Collectively evaluated for impairment	$	170,633			215,587			836,016			200,136			631,172			51,796			—			2,105,340
Loans acquired with deteriorated credit quality	$	—			—			—			—			—			—			—			—

The following table presents the activity in the allowance for loan losses for non-covered loans for the year ended December 31, 2012.

($ in thousands)	Commercial, Financial, and Agricultural			Real Estate – Construction, Land Development, & Other Land Loans			Real Estate – Residential, Farmland, and Multi- family			Real Estate – Home Equity Lines of Credit			Real Estate – Commercial and Other			Consumer			Unallo- cated		Total
As of and for the year ended December 31, 2012
Beginning balance	$	3,780			11,306			13,532			1,690			3,414			1,872			16		35,610
Charge-offs		(4,912	)		(19,312	)		(20,879	)		(3,287	)		(16,616	)		(1,539	)		—		(66,545	)
Recoveries		354			986			430			209			333			273			—		2,585
Provisions		5,465			19,876			20,999			3,272			18,116			1,333			932		69,993
Ending balance	$	4,687			12,856			14,082			1,884			5,247			1,939			948		41,643
Ending balances as of December 31, 2012:  Allowance for loan losses
Individually evaluated for impairment	$	—			—			50			—			957			—			—		1,007
Collectively evaluated for impairment	$	4,687			12,856			14,032			1,884			4,290			1,939			948		40,636
Loans acquired with deteriorated credit quality	$	—			—			—			—			—			—			—		—
Loans receivable as of December 31, 2012:
Ending balance – total	$	170,741			218,108			819,439			200,880			627,940			55,711			—		2,092,819
Ending balances as of December 31, 2012: Loans
Individually evaluated for impairment	$	—			4,276			1,705			—			15,040			—			—		21,021
Collectively evaluated for impairment	$	170,741			213,832			817,734			200,880			612,900			55,711			—		2,071,798
Loans acquired with deteriorated credit quality	$	—			—			—			—			—			—			—		—

The following table presents the activity in the allowance for loan losses for non-covered loans for the three months ended March 31, 2012.

($ in thousands)	Commercial, Financial, and Agricultural			Real Estate – Construction, Land Development, & Other Land Loans			Real Estate – Residential, Farmland, and Multi- family			Real Estate – Home Equity Lines of Credit			Real Estate – Commercial and Other			Consumer			Unallo- cated		Total
As of and for the three months ended March 31, 2012
Beginning balance	$	3,780			11,306			13,532			1,690			3,414			1,872			16		35,610
Charge-offs		(1,318	)		(2,678	)		(2,091	)		(451	)		(1,365	)		(352	)		—		(8,255	)
Recoveries		16			188			194			34			41			70			—		543
Provisions		2,476			7,603			3,734			859			3,647			236			2		18,557
Ending balance	$	4,954			16,419			15,369			2,132			5,737			1,826			18		46,455
Ending balances as of March 31, 2012:  Allowance for loan losses
Individually evaluated for impairment	$	869			3,473			1,926			406			1,885			—			—		8,559
Collectively evaluated for impairment	$	4,085			12,946			13,443			1,726			3,852			1,826			18		37,896
Loans acquired with deteriorated credit quality	$	—			—			—			—			—			—			—		—
Loans receivable as of March 31, 2012:
Ending balance – total	$	170,210			243,761			809,205			208,330			605,285			56,393			—		2,093,184
Ending balances as of March 31, 2012: Loans
Individually evaluated for impairment	$	1,011			24,746			14,366			1,331			25,263			—			—		66,717
Collectively evaluated for impairment	$	169,199			219,015			794,839			206,999			580,022			56,393			—		2,026,467
Loans acquired with deteriorated credit quality	$	—			—			—			—			—			—			—		—

Schedule of activity in the allowance for loan losses for covered loans

The following table presents the activity in the allowance for loan losses for covered loans for the three months ended March 31, 2013.

($ in thousands)	Covered Loans
As of and for the three months ended March 31, 2013
Beginning balance	$	4,759
Charge-offs		(5,109	)
Recoveries		—
Provisions		5,378
Ending balance	$	5,028
Ending balances as of March 31, 2013:  Allowance for loan losses
Individually evaluated for impairment	$	4,656
Collectively evaluated for impairment		372
Loans acquired with deteriorated credit quality		17
Loans receivable as of March 31, 2013:
Ending balance – total	$	263,468
Ending balances as of March 31, 2013: Loans
Individually evaluated for impairment	$	87,661
Collectively evaluated for impairment		175,807
Loans acquired with deteriorated credit quality		4,726

The following table presents the activity in the allowance for loan losses for covered loans for the year ended December 31, 2012.

($ in thousands)	Covered Loans
As of and for the year ended December 31, 2012
Beginning balance	$	5,808
Charge-offs		(10,728	)
Recoveries		—
Provisions		9,679
Ending balance	$	4,759
Ending balances as of December 31, 2012:  Allowance for loan losses
Individually evaluated for impairment	$	4,459
Collectively evaluated for impairment		300
Loans acquired with deteriorated credit quality		17
Loans receivable as of December 31, 2012:
Ending balance – total	$	282,314
Ending balances as of December 31, 2012: Loans
Individually evaluated for impairment	$	74,914
Collectively evaluated for impairment		207,400
Loans acquired with deteriorated credit quality		4,825

The following table presents the activity in the allowance for loan losses for covered loans for the three months ended March 31, 2012.

($ in thousands)	Covered Loans
As of and for the three months ended March, 31 2012
Beginning balance	$	5,808
Charge-offs		(2,434	)
Recoveries		—
Provisions		2,998
Ending balance	$	6,372
Ending balances as of March 31, 2012:  Allowance for loan losses
Individually evaluated for impairment	$	6,372
Collectively evaluated for impairment		—
Loans acquired with deteriorated credit quality		98
Loans receivable as of March 31, 2012:
Ending balance – total	$	342,100
Ending balances as of March 31, 2012: Loans
Individually evaluated for impairment	$	49,244
Collectively evaluated for impairment		292,856
Loans acquired with deteriorated credit quality		5,202

Schedule of impaired loans

The following table presents the Company’s impaired loans as of March 31, 2013.

($ in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Non-covered loans with no related allowance recorded:
Commercial, financial, and agricultural:
Commercial - unsecured	$	—		—		—		—
Commercial - secured		—		—		—		—
Secured by inventory and accounts receivable		—		—		—		—
Real estate – construction, land development & other land loans		1,550		1,552		—		2,914
Real estate – residential, farmland, and multi-family		—		—		—		799
Real estate – home equity lines of credit		—		—		—		—
Real estate – commercial		7,023		8,062		—		6,598
Consumer		—		—		—		—
Total non-covered impaired loans with no allowance	$	8,573		9,614		—		10,311
Total covered impaired loans with no allowance	$	44,848		89,224		—		40,022
Total impaired loans with no allowance recorded	$	53,421		98,838		—		50,333
Non-covered  loans with an allowance recorded:
Commercial, financial, and agricultural:
Commercial - unsecured	$	26		27		5		167
Commercial - secured		2,382		2,761		368		2,390
Secured by inventory and accounts receivable		23		49		6		20
Real estate – construction, land development & other land loans		7,764		9,631		1,790		5,849
Real estate – residential, farmland, and multi-family		28,334		28,668		2,283		26,096
Real estate – home equity lines of credit		1,501		1,984		90		1,573
Real estate – commercial		13,782		15,851		1,239		12,317
Consumer		910		1,257		139		1,866
Total non-covered impaired loans with allowance	$	54,722		60,228		5,920		50,278
Total covered impaired loans with allowance	$	16,955		21,499		3,861		15,358
Total impaired loans with an allowance recorded	$	71,677		81,727		9,781		65,636

The following table presents the Company’s impaired loans as of December 31, 2012.

($ in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Non-covered loans with no related allowance recorded:
Commercial, financial, and agricultural:
Commercial – unsecured	$	—		—		—		—
Commercial - secured		—		—		—		87
Secured by inventory and accounts receivable		—		—		—		5
Real estate – construction, land development & other land loans		4,277		4,305		—		8,600
Real estate – residential, farmland, and multi-family		1,597		1,618		—		2,692
Real estate – home equity lines of credit		—		—		—		64
Real estate – commercial		6,175		6,851		—		12,724
Consumer		—		—		—		2
Total non-covered impaired loans with no allowance	$	12,049		12,774		—		24,174
Total covered impaired loans with no allowance	$	35,196		71,413		—		39,372
Total impaired loans with no allowance recorded	$	47,245		84,187		—		63,546
Non-covered  loans with an allowance recorded:
Commercial, financial, and agricultural:
Commercial - unsecured	$	307		386		58		221
Commercial - secured		2,398		2,762		436		2,304
Secured by inventory and accounts receivable		17		43		4		548
Real estate – construction, land development & other land loans		3,934		5,730		1,213		12,199
Real estate – residential, farmland, and multi-family		23,859		25,844		1,955		27,186
Real estate – home equity lines of credit		1,645		2,120		96		2,901
Real estate – commercial		10,851		13,048		936		12,863
Consumer		2,822		2,858		353		2,802
Total non-covered impaired loans with allowance	$	45,833		52,791		5,051		61,024
Total covered impaired loans with allowance	$	13,760		18,271		3,509		15,401
Total impaired loans with an allowance recorded	$	59,593		71,062		8,560		76,425

Recorded investment in loans by credit quality indicators

The following table presents the Company’s recorded investment in loans by credit quality indicators as of March 31, 2013.

($ in thousands)	Credit Quality Indicator (Grouped by Internally Assigned Grade)
	Pass (Grades 1, 2, & 3)		Weak Pass (Grade 4)		Watch or Standard Loans (Grade 9)		Special Mention Loans (Grade 5)		Classified Loans (Grades 6, 7, & 8)		Nonaccrual Loans		Total
Non-covered loans:
Commercial, financial, and agricultural:
Commercial - unsecured	$	6,305		26,924		10		1,031		818		26		35,114
Commercial - secured		29,627		76,964		599		4,026		3,000		2,382		116,598
Secured by inventory and accounts receivable		2,161		15,527		239		1,944		115		23		20,009
Real estate – construction, land development & other land loans		28,271		163,409		2,071		12,048		7,785		7,118		220,702
Real estate – residential, farmland, and multi-family		247,629		508,051		5,706		37,949		25,387		13,551		838,273
Real estate – home equity lines of credit		123,195		65,816		1,710		5,583		2,353		1,479		200,136
Real estate - commercial		100,279		482,189		17,008		23,591		12,237		13,428		648,732
Consumer		25,619		23,544		73		1,021		629		910		51,796
Total	$	563,086		1,362,424		27,416		87,193		52,324		38,917		2,131,360
Unamortized net deferred loan costs														1,323
Total non-covered  loans													$	2,132,683
Total covered loans	$	37,521		105,397		—		9,375		59,954		51,221		263,468
Total loans	$	600,607		1,467,821		27,416		96,568		112,278		90,138		2,396,151

The following table presents the Company’s recorded investment in loans by credit quality indicators as of December 31, 2012.

($ in thousands)	Credit Quality Indicator (Grouped by Internally Assigned Grade)
	Pass (Grades 1, 2, & 3)		Weak Pass (Grade 4)		Watch or Standard Loans (Grade 9)		Special Mention Loans (Grade 5)		Classified Loans (Grades 6, 7, & 8)		Nonaccrual Loans		Total
Non-covered loans:
Commercial, financial, and agricultural:
Commercial - unsecured	$	10,283		24,031		10		472		583		307		35,686
Commercial - secured		32,196		72,838		1,454		3,676		1,150		2,398		113,712
Secured by inventory and accounts receivable		2,344		18,126		248		491		117		17		21,343
Real estate – construction, land development & other land loans		31,582		163,588		3,830		9,045		3,709		6,354		218,108
Real estate – residential, farmland, and multi-family		249,313		499,922		7,154		29,091		24,330		9,629		819,439
Real estate – home equity lines of credit		125,310		66,412		2,160		3,526		1,850		1,622		200,880
Real estate - commercial		123,814		449,316		21,801		14,050		9,074		9,885		627,940
Consumer		27,826		23,403		77		954		629		2,822		55,711
Total	$	602,668		1,317,636		36,734		61,305		41,442		33,034		2,092,819
Unamortized net deferred loan costs														1,324
Total non-covered  loans													$	2,094,143
Total covered loans	$	42,935		124,451		—		7,569		73,868		33,491		282,314
Total loans	$	645,603		1,442,087		36,734		68,874		115,310		66,525		2,376,457

Information related to loans modified in a troubled debt restructuring

The following table presents information related to loans modified in a troubled debt restructuring during the three months ended March 31, 2013 and 2012.

($ in thousands)	For the three months ended March 31, 2013
	Number of Contracts		Pre-Modification Restructured Balances		Post-Modification Restructured Balances
Non-covered TDRs – Accruing
Real estate – residential, farmland, and multi-family		6	$	508	$	508
Real estate – commercial		1		61		61
Consumer		1		14		14
Non-covered TDRs - Nonaccrual
Real estate – residential, farmland, and multi-family		3		209		209
Total non-covered TDRs arising during period		11		792		792
Total covered TDRs arising during period– Accruing		1	$	47	$	40
Total covered TDRs arising during period – Nonaccrual		—		—		—
Total TDRs arising during period		12	$	839	$	832

($ in thousands)	For the three months ended March 31, 2012
	Number of Contracts		Pre-Modification Restructured Balances		Post-Modification Restructured Balances
Non-covered TDRs – Accruing		—		—		—
Non-covered TDRs - Nonaccrual		—		—		—
Total non-covered TDRs arising during period		—		—		—
Total covered TDRs arising during period– Accruing		3	$	2,098	$	2,098
Total covered TDRs arising during period – Nonaccrual		—		—		—
Total TDRs arising during period		3	$	2,098	$	2,098